INSUBCONTINENT EXCLUSIVE:
NEW DELHI: As many as 144 stocks, including Aditya Birla Capital, Bank of Baroda, Century Textiles Industries and Gati hit 52-week lows on
NSE on Monday.
GTL Infrastructure, HCC, Indian Overseas Bank, Jain Irrigation Systems, Punj Lloyd, Rallis India, Union Bank of India and UPL
also featured among stocks that touched 52-week lows on NSE.
Headline indices Sensex and Nifty finished Monday's trade with losses, tracking
weak global cues, as worries of a trade war between the US and world's other economies kept haunting investors
The BSE Sensex stopped at 35,470, down 219 points or 0.61 per cent.
Nifty pared 59 points, or 0.55 per cent, finishing day's trade at
10,762.
Overall, 14 stocks remained in the green in the Nifty index, compared with 35 in the red and one unchanged.
Sensex settled with 7
stocks advancing and 24 declining.
Tata Motors plunged over 6 per cent in the Nifty index, leading the pack of index losers
CLSA has retained sell rating on Tata Motors with a target price of Rs 295
The brokerage remains concerned on Tata Motors' arm JLR given a weak volume outlook, rising competition in SUVs and cash flow pressure.
